Salty Dot: Raises More Than $15M in Funding

April 4, 2021

651

Salty Dot: Raises More Than $15M in Funding

Must read

Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Salty Dot Inc., a Salt Lake City, UT-based Embedded Insurance technology company, raised $15M in additional funding
This brings the company’s capital raised to date to over $31m
The backers were not disclosed
The company intends to use these incremental funds to drive growth with partners, optimize the Embedded Insurance platform, and develop product further
Salty provides a Software-as-a-Service (SaaS) solution that uses artificial intelligence and machine learning to analyze customer data
It then sorts through multiple carriers and presents the customer with the best, bindable quote in real-time